Competitive storms, how are the 'big shots' in the dairy industry doing business?

With a population of over 100 million, the market for milk for children and adults in Vietnam is large, but competition is also fierce. Enterprises need to make a mark in the international market, asset base surges According to the consolidated financial report for the third quarter of 2025, Vietnam Dairy Products Joint Stock Company (Vinamilk) reaped total revenue of nearly 17,000 billion VND, up over 9% from the same period last year. Consolidated after-tax profit reached over 2,500 billion VND (4.5%). Vinamilk said that domestic business accounted for about 80% of the total consolidated revenue, with the remaining 20% coming from overseas markets, with a good growth rate. Accordingly, the Asian and African markets recorded strong growth, along with the positive contribution of the Angkor Milk joint venture (Cambodia) and Driftwood Dairy Holding (USA). Sharing with shareholders, the dairy company said the above results came from efforts to change the packaging for the entire ...